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EICHERMOT options

Eicher Motors option chain and implied move

Market-implied move±₹138.35At the close on Friday, 23 October 2026 · 4 days to the Tuesday, 27 October 2026 expiry
Market-implied move: current value and reading. Updated 3:45 PM IST · 23 October 2026
MetricValueRead
Market-implied move±₹138.35±1.96% to the Tuesday, 27 October 2026 expiry, from the at-the-money straddle
Implied range₹6,927.65 – ₹7,204.35What option prices imply, not a forecast of where the stock will trade
Max pain₹7,200The strike at which the largest value of written options would expire worthless
Heaviest put strike₹7,0003,67,600 contracts — the largest put position on the chain
Heaviest call strike₹7,5002,73,500 contracts — the largest call position on the chain
Put-call ratio0.80Total put open interest divided by total call open interest across the chain
Implied volatility (ATM)19.63%At-the-money implied volatility for the front expiry
Market-implied move
±₹138.35

±1.96% over 4 days, from the ₹7,100 straddle

Implied range
₹6,928 – ₹7,204

What option prices imply, not a forecast of where the stock will trade

Max pain
₹7,200

₹134 above the close

Implied volatility
19.63%

At the money, for the front expiry

Where the close sits against the range option prices imply, and against max pain.
₹6,928
₹7,204
₹7,200max pain
₹7,066close

Implied rangeMax painLast close

Open interest by strike. Both sides drawn to one scale, so the heavier side is the taller one.
PutsStrikeCalls
0
₹6,100
0
21,700
₹6,200
600
25,200
₹6,300
0
78,800
₹6,400
200
68,300
₹6,500
0
66,500
₹6,600
7,800
43,900
₹6,700
7,600
84,000
₹6,800
14,200
38,100
₹6,900
25,000
3,67,600
₹7,000
1,15,500
54,600
₹7,100
88,200
95,500
₹7,200
1,60,400
1,25,800
₹7,300
1,09,300
80,900
₹7,400
2,00,800
33,600
₹7,500
2,73,500
10,500
₹7,600
1,36,800
3,800
₹7,700
97,700
3,700
₹7,800
1,37,700
5,800
₹7,900
3,200
6,500
₹8,000
97,000
1,200
₹8,100
1,300

Heaviest put ₹7,000Heaviest call ₹7,500ATM ₹7,100 · PCR 0.80

At the close on Friday, 23 October 2026, Eicher Motors options were pricing a move of ±₹138.35 by the Tuesday, 27 October 2026 expiry — a range of ₹6,927.65 to ₹7,204.35 against a closing price of ₹7,066.00. The figure is the at-the-money straddle at the ₹7,100 strike, which is what the options market itself is charging for the move to expiry. It describes the price of that expectation, not a forecast MarketCue makes.

Max pain sits at ₹7,200, ₹134.00 above the closing price — the strike at which the largest value of written options would expire worthless. The heaviest put position on the chain is at ₹7,000 with 3,67,600 contracts, and the heaviest call position at ₹7,500 with 2,73,500 contracts. Open interest describes where positions have been built; it is not a commitment by anyone to defend a price.

At-the-money implied volatility was 19.63% for the Tuesday, 27 October 2026 expiry. Realised volatility for Eicher Motors is not yet available for comparison.

This page is a record of where Eicher Motors's chain finished on Friday, 23 October 2026, not a live feed — the next reading follows tomorrow's close. Figures are derived from the NSE option chain via Upstox; max pain, the implied move, put-call ratio and the volatility comparison are MarketCue's own calculations from that data. MarketCue is not a registered investment adviser, research analyst or broker under SEBI regulations, and nothing here is a recommendation to buy or sell any security.

Source: NSE option chain via Upstox. .

Frequently asked questions

What move are Eicher Motors options pricing this expiry?
±₹138.35, or 1.96%, giving a range of ₹6,927.65 to ₹7,204.35 by Tuesday, 27 October 2026. The figure is derived from the at-the-money straddle at the ₹7,100 strike.
What is Eicher Motors's max pain?
₹7,200 at the last close, against a closing price of ₹7,066.00. Max pain is the strike at which the largest value of written options would expire worthless.
Where is support and resistance in the Eicher Motors option chain?
The largest put position sits at ₹7,000 with 3,67,600 contracts, and the largest call position at ₹7,500 with 2,73,500 contracts. Traders commonly read heavy open interest at a strike as a level, though open interest describes positioning rather than any commitment to defend a price.
What is the lot size for Eicher Motors options?
100 shares per lot, with strikes in steps of ₹100. At the implied move of ±₹138.35, one lot corresponds to ±₹13,835 of notional movement.

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